Business SchoolsIn Salem, Virginia

Business faculty can choose to work at one of 2 business schools in Salem. The following statistics and charts help analyze the current state of the business academic community in Salem, and the future trends. Academia in business includes business training at the following levels:

Associates degree in Business

Bachelors degree in Business

Masters degree in Business

Statistics

Professional Trends

Salem Vs. Virginia Business Employment

Salem

4,320

Virginia

168,080

Exactly 4,320 of the 168,080 business professionals employed in Virginia, work in Salem. The number of business professionals in Salem has grown by 12% from 2006 to 2010. As the employment for business professionals in Salem has increased, overall employment in Salem has also increased.

Salem Vs. Virginia Business employment growth

128,710

133,640

107,730

161,460

168,080

3,850

4,080

4,110

4,380

4,320

2006

2007

2008

2009

2010

Grey: Virginia

Dark Yellow: Salem

Business VS. All professions salaries in Salem

$77,461

$74,190

$76,338

$77,440

$77,924

$34,070

$34,760

$35,520

$36,840

$37,980

2006

2007

2008

2009

2010

Light Blue: Business in Salem

Dark Yellow: All Professions in Salem

In Salem, salaries for business professionals have increased. Salem business professionals made $77,924 per year, on average, in 2010. The average salary for business professionals in Salem was $77,461 per year, four years earlier in 2006. The growth in the salary of business professionals in Salem is slower than the salary trend for all careers in the city.

Salary percentiles for Business professionals in Salem

10th percentile

$35,231

25th percentile

$47,239

50th percentile

$72,809

75th percentile

$88,215

90th percentile

$103,361

Business professionals make a median salary of $72,809 per year in Salem. The difference in pay between the business professionals in the lowest pay bracket and those in the highest pay bracket is approximately 193%. Those in the lowest 10% of the pay bracket earn less than $35,231 per year, while those in the highest 10% of the pay bracket earn more than $103,361 per year.

Average Salaries for Business professionals and related professions in Salem

Hospitality

$28,620

Human Resources

$34,300

Accounting

$42,702

Advertising

$44,340

Risk Management

$50,190

Restaurant Management

$50,520

Fashion Merchandising

$51,605

Forensic Accounting

$56,215

Finance

$62,111

Project Management

$71,116

Fashion Marketing

$73,095

Business

$77,924

International Business

$78,390

Management

$80,291

Property Management

$80,610

Sports Management

$81,480

Marketing

$85,757

Business Administration

$87,500

Business Management

$95,004

Small Business

$103,330

Salem business professionals have earnings that are higher than the salaries earned by others in related fields, on average.

Educational Trends

Business schools in Salem

2

Many of Salem's business professionals are graduates of one of the 2 accredited business schools in the city.

Business Programs Offered In Salem

associate

2

bachelor

4

master

1

doctor

0

Certificate

0

Total

7

Salem's business schools offer 7 business degree and certificate programs.

Student Completed Business Degrees In Salem

associate

235

bachelor

163

master

16

doctor

0

Certificate

0

Total

414

Approximately 414 students graduated from business courses in 2010.

Business Faculty Salaries in Salem, Virginia

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We are in the process of collecting data for the number of business faculty, growth in the field of business academia and business faculty salaries in Salem. If you are involved in teaching business courses to students at the associates degree in business, bachelors degree in business, and masters degree in business levels, please anonymously submit your information in the field below. By doing so, you will be helping us build a valuable database resource for the benefit of current and future business faculty in Salem. The data we have gathered thus far will be available for you to view once you have submitted your information.